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Igoryamba
2 years ago
15

Does a perfect positive correlation coefficient reflect a stronger or weaker association than a perfect negative correlation?

Business
1 answer:
Rashid [163]2 years ago
3 0

The correlation coefficient's size reveals the degree of the link. A correlation of r = -0.2 indicates a weak, negative link between two variables, while r = 0.9 indicates a significant, positive association.

What is Negative Correlation
A link between two variables known as "negative correlation" occurs when one variable rises as the other falls, and vice versa.

In statistics, -1.0 denotes a perfect negative correlation, 0 denotes no connection, and +1.0 denotes a perfect positive correlation. The relationship between two variables is always absolutely opposite when there is a perfect negative. If two variables have a negative correlation or inverse correlation, it means that their prices typically move in the opposite directions from one another statistically speaking. In the event that X and Y, for example, have a negative correlation (or are negatively connected), Y will drop as X grows in value, and vice versa if X declines in value.

To learn more about Negative Correlation
brainly.com/question/22336976
#SPJ4

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Based on the information given we were been told that he made a transfer of property with a TAX BASIS of the amount of $965 which as well include a FAIR MARKET VALUE of the amount of $67 which simply indicates or means that the amount of $1,032 ($965+$67) is the tax basis amount of the property that was received in the exchange.

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Therefore the corporation's tax basis in the property received in the exchange will be $1,032.

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